The Money Matters: Make it CountSM program is funded by Charles Schwab Foundation and is available through all Boys & Girls Clubs of America that serve teens.
Money Matters: Make It Count
Boys & Girls Club members, ages 13-18, gain basic money management skills and learn practical ways to save, spend and invest their money through fun, interactive activities and exercises on topics like using a checking account, learning how to budget, managing debt and saving for college,
Older teens (16-18) who complete the program and demonstrate their newly acquired financial literacy skills are eligible for $2,500 scholarships from Charles Schwab Foundation. In addition, one teen is selected to be the annual National Money Matters Ambassador for the program and receives a $5,000 scholarship.
Since the program's inception in May 2004, over 1,700 Boys & Girls Club locations nationwide have adopted Money Matters and nearly 400,000 teens have completed the program. Charles Schwab Foundation has also presented a cumulative total of $435,000 in college scholarships to 207 teens.
Many Schwab employees are deeply involved with the program, sharing their financial expertise and ongoing mentorship with Club members. And Schwab employees also support the Clubs in other ways, including serving on local Boards, providing homework help, coaching sports activities and helping in computer labs.
Eighteen-year-old Kujegi Camara of New York City is the fifth teen to be selected as the annual National Money Matters Ambassador, promoting the value of financial education to teens across the nation.
About Boys & Girls Clubs of America
For more than 100 years, Boys & Girls Clubs of America (www.bgca.org) has been changing and saving young lives, providing hope and opportunity for kids who need them most. Today, some 4,300 Clubs serve some 4.5 million young people through Club membership and community outreach. Known as The Positive Place for Kids, Boys & Girls Clubs can be found all across the country and on U.S. military bases throughout the world. Clubs provide young people 6-18 years old with guidance-oriented character development programs conducted by trained, professional staff. In communities large and small, Clubs positively impact lives and help young people reach their full potential as productive, caring citizens. Key Boys & Girls Club programs emphasize leadership development; education and career exploration; community service; financial literacy; health and life skills; the arts; sports, fitness and recreation; and family outreach. In a recent Harris Survey of Club alumni, 57 percent said the Club saved their life. National headquarters are located in Atlanta.
The Charles Schwab Foundation is a 501(c)(3) nonprofit, private foundation that is not part of Charles Schwab & Co., Inc. or its parent company, The Charles Schwab Corporation.
The Charles Schwab Foundation and the Charles Schwab Corporation and affiliates are unaffiliated with AARP Foundation and Boys & Girls Clubs of America.